| answer text |
<p>HMRC publishes statistics on income tax liabilities, including by marginal income
tax rates. These can be found here:</p><p> </p><p><a href="https://www.gov.uk/government/statistics/income-tax-liabilities-by-taxpayers-marginal-rate"
target="_blank">https://www.gov.uk/government/statistics/income-tax-liabilities-by-taxpayers-marginal-rate</a></p><p>
</p><p>The Reduced (tapered) pensions annual allowance was introduced in 2016-17 for
individuals with income of over £150,000 including the value of any pensions contributions.</p><p>
</p><p>HMRC does not hold information on the effective marginal rate of tax of individuals
who have been subject to the Reduced (tapered) pensions annual allowance, as the effective
rate an individual faces depends on numerous other factors.</p><p> </p><p>The Tax
Impact and Information Note for this measure, published in 2015, detailed that around
300,000 pension savers could be affected by this measure:</p><p> </p><p><a href="https://www.gov.uk/government/publications/pensions-tapered-annual-allowance/pensions-tapered-annual-allowance"
target="_blank">https://www.gov.uk/government/publications/pensions-tapered-annual-allowance/pensions-tapered-annual-allowance</a></p><p>
</p>
|
|
